Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Switzerland - 2023
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Switzerland (FOB) - 2023
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Switzerland (CIF) - 2023
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Switzerland
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Switzerland
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Switzerland (FOB) - 2023
In November 2023, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $5,638 per ton, dropping by -4.2% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 15% against the previous month. The export price peaked at $6,697 per ton in May 2023; however, from June 2023 to November 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($7,434 per ton), while the average price for exports to Italy ($4,730 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Switzerland (CIF) - 2023
The average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $6,174 per ton in November 2023, with an increase of 4.9% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 67% m-o-m. As a result, import price attained the peak level of $10,654 per ton. From July 2023 to November 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($8,339 per ton), while the price for Australia ($3,894 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Switzerland
Exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses from Switzerland fell sharply to 1.6K tons in 2022, dropping by -21.7% on 2021 figures. Over the period under review, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year. As a result, the exports reached the peak of 2K tons, and then shrank markedly in the following year.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses reduced to $10M in 2022. The total export value increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 46% against the previous year. As a result, the exports attained the peak of $11M, and then dropped in the following year.
Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Switzerland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 1,893 | 1,816 | 2,656 | 3,144 | 18.4% |
Finland | 1,018 | 807 | 946 | 1,325 | 9.2% |
Germany | 1,172 | 1,188 | 1,235 | 1,139 | -0.9% |
United States | 858 | 304 | 605 | 816 | -1.7% |
Singapore | 293 | 250 | 683 | 547 | 23.1% |
Turkey | 325 | 307 | 693 | 407 | 7.8% |
Brazil | 220 | 238 | 468 | 275 | 7.7% |
Poland | 383 | 198 | 331 | 259 | -12.2% |
China | 377 | 217 | 412 | 254 | -12.3% |
United Kingdom | 280 | 219 | 251 | 248 | -4.0% |
South Africa | 145 | 177 | 572 | 230 | 16.6% |
Others | 1,826 | 1,789 | 2,128 | 1,362 | -9.3% |
Total | 8,788 | 7,511 | 10,983 | 10,008 | 4.4% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less from Switzerland in 2022:
- Italy (572.1 tons)
- Finland (260.6 tons)
- Germany (191.9 tons)
- United States (90.5 tons)
- Singapore (70.5 tons)
- Turkey (56.8 tons)
- Brazil (42.3 tons)
- China (37.9 tons)
- South Africa (35.6 tons)
- United Kingdom (34.2 tons)
- Poland (33.6 tons)
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Switzerland
In 2022, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses into Switzerland soared to 594 tons, growing by 20% compared with 2021. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses soared to $3.9M in 2022. Over the period under review, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 68% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Switzerland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hungary | 227 | 345 | 1,066 | 1,640 | 93.3% |
China | 230 | 449 | 785 | 850 | 54.6% |
Germany | 517 | 378 | 478 | 667 | 8.9% |
Italy | 210 | 77.9 | 351 | 406 | 24.6% |
Vietnam | 37.6 | 90.6 | 16.3 | 81.3 | 29.3% |
France | 326 | 276 | 112 | 60.8 | -42.9% |
Mexico | 6.7 | 26.3 | 14.5 | 55.0 | 101.7% |
Canada | 34.3 | 46.3 | 195 | 44.9 | 9.4% |
Others | 192 | 262 | 257 | 109 | -17.2% |
Total | 1,782 | 1,951 | 3,275 | 3,914 | 30.0% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Switzerland in 2022:
- Hungary (342.6 tons)
- Germany (82.5 tons)
- China (79.0 tons)
- Italy (47.6 tons)
- Vietnam (11.5 tons)
- Mexico (11.4 tons)
- France (5.5 tons)
- Canada (4.0 tons)
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